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Bldg #5 1736 33rd St 12,100 SF 100% Leased Office Building Orlando, FL 32839 $12,500,000 ($1,033.06/SF) 7.43% Cap Rate
EXECUTIVE SUMMARY
This Two building surgical and medical office complex is located on 1724 and 1736 33rd
Street in Orlando FL. 1736 33rd features a state of the art 12,000 sf accredited licensed
ambulatory surgery center with 2 OR's, 3 large procedure suites14 pre-op/PACU bays which
leased by Orlando Outpatient Surgical Center in April of 2019 for fifteen years. 1724 33rd is a
fully occupied multi-tenant medical office building the upstairs was completed and
occupied by Florida Pain Relief Group in 2018 for fifteen years. The downstairs was split into
three class A medical office suites obtaining its CO's in May of 2021. By July 2021 it was fully
leased to three separate tenants, all leases were assumed by Pineapple Healthcare, Inc.,
thru 6/30/2031.
Street in Orlando FL. 1736 33rd features a state of the art 12,000 sf accredited licensed
ambulatory surgery center with 2 OR's, 3 large procedure suites14 pre-op/PACU bays which
leased by Orlando Outpatient Surgical Center in April of 2019 for fifteen years. 1724 33rd is a
fully occupied multi-tenant medical office building the upstairs was completed and
occupied by Florida Pain Relief Group in 2018 for fifteen years. The downstairs was split into
three class A medical office suites obtaining its CO's in May of 2021. By July 2021 it was fully
leased to three separate tenants, all leases were assumed by Pineapple Healthcare, Inc.,
thru 6/30/2031.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
12,100 SF
Building Class
B
Year Built/Renovated
2005/2019
Price
$12,500,000
Price Per SF
$1,033.06
Cap Rate
7.43%
NOI
$928,347
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,050 SF
Building FAR
0.38
Lot Size
0.73 AC
Zoning
PD, Orlando - COMMERCIAL
Parking
44 Spaces (3.64 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
PROPERTY TAXES
| Parcel Number | 10-2329-3871-00-020 | Improvements Assessment | $4,004,620 |
| Land Assessment | $483,986 | Total Assessment | $4,488,606 |
PROPERTY TAXES
Parcel Number
10-2329-3871-00-020
Land Assessment
$483,986
Improvements Assessment
$4,004,620
Total Assessment
$4,488,606
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Bldg #5 | 1736 33rd St
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